A central Florida man recently found a lost wallet containing $600 in cash while rummaging through a dumpster, but instead of keeping it, he set out to find the rightful owner, returning it today during an emotional meeting.

Richard Ochoa, 63, told ABC News today he had been out on a routine walk Monday evening looking inside garbage cans to retrieve "scraps of anything useful" to help out the homeless in Winter Haven, Florida. Inside a dumpster behind a coin laundromat, he discovered a brown, tri-fold wallet containing six $100 bills.

Ochoa said he found out that the wallet's owner was 76-year-old veteran Jimmy Lear, whom he met before. He called police early this morning and met with Lear this afternoon to return the wallet.

The two shared a hug, and Lear gave Ochoa a $100 reward. However, Ochoa said he plans on giving the $100 to charity.

The Winter Haven Police Department said on Facebook that Lear lost the wallet this past Saturday, when he unknowingly dropped his wallet while he was shopping at Publix supermarket in a motorized cart.

Surveillance camera from the store caught a suspect snatching the wallet on the floor and leaving.

Police ask that anyone with information on the identity of the suspect please call Heartland Crime Stoppers at 1-800-226-8477. Callers can remain anonymous and could be eligible for a cash reward.